AGY 6.94% 3.9¢ argosy minerals limited

This is good news any way you look at it. Good appointment also....

  1. 2,166 Posts.
    lightbulb Created with Sketch. 5800
    This is good news any way you look at it. Good appointment also. I still suspect that any funding agreement for the expansion is entirely dependent upon a successful ramp to or near 2kt (i.e proving that the methodology can scale to commercial production). If AGY can sort that out, they'll have no problem securing a deal since the expansion will be derisked significantly.

    1) Resource expansion - Done
    2) 10,000t/y expansion permits - Done
    3) Ramp to 2kt/y nameplate - in progress (at 12.5% at last news)
    4) Offtake agreement and expansion funding - in discussion very likely depend on 3) success
 
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